Liberis and Qred complete merger after Swedish approval

London-based embedded finance platform Liberis and Stockholm-based Qred, a digital bank for small businesses, completed their merger following approval from the Swedish Financial Supervisory Authority. The deal combines Qred's banking license with Liberis's technology and partner distribution, including Deliveroo and Vagaro.

Why it matters: The combination pairs a regulated bank with embedded-finance distribution through 30+ partners.